The rise of India’s API economy \r\n With digitalization playing an integral part in every facet of our lives, web application programming interfaces (APIs) have become the center of every digital experience today. Mobile applications run on web APIs and websites rely on APIs for core functionalities, such as logins and requests. APIs provide an open way to connect diverse applications to get data faster. \r\n The shift to the cloud has driven the adoption of cloud-native application workloads with microservices that rely on APIs for communication and integration. Regulators have taken notice and have required the use of web APIs for ease of integration in areas such as open banking.  \r\n \r\n India leads the way in Asia Pacific (and globally!) in moving to an API economy. \r\n \r\n 2021 was considered the year of open banking in India and it is quickly keeping pace in 2022.…